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Bitcoin 30-Day Price Range Foreshadowed The Rally, Heres How – NewsBTC
Bitcoin has observed a sharp rally above the $30,000 mark over the past day.
Binance eyes United Arab Emirates as focal point for future operations – Cointelegraph
The United Arab Emirates is becoming the next big focus for Binance in the wake of a slew of enforcement actions in the United States against the crypto exchange. Speaking to Cointelegraph, Binance Dubai general manager Alex Chehade said the UAE is a prime destination for crypto businesses seeking a clear path forward and noted its friendly stance toward digital assets. Binance identified that the senior leadership of the UAE wanted to establish the region as a focal point for Web3
Binance ordered to stop all digital currency services in Belgium – Reuters.com
BRUSSELS, June 23 (Reuters) - Belgium's FSMA regulator on Friday ordered Binance to cease offering any virtual currency services in the country, adding to pressure on the world's biggest cryptocurrency exchange. Binance, which was founded by Changpeng Zhao in Shanghai in 2017, has grown to dominate the crypto industry but also faces scrutiny from regulators keen to clamp down on money-laundering.
Binances Market Share Is Stuck Near One-Year Low – Yahoo Finance
(Bloomberg) -- Binance is reeling under the impact of increased regulatory scrutiny, with the exchange platforms market share languishing near a one-year low, according to data from research firm Kaiko.
Binance.US solves USD withdrawal issues but warns it wont last long – Cointelegraph
United States crypto exchange Binance.US has informed customers it has resolved its U.S. dollar withdrawal issues after working with its banking partners but warns the relief may not last.
Bitcoin’s ‘Great Accumulation,’ Binance.US resumes withdrawals… – Cointelegraph
Top Stories This WeekThe Great Accumulation of Bitcoin has begun, says Geminis Winklevoss Recently renewed optimism for an approved Bitcoin spot exchange-traded fund (ETF) is igniting The Great Accumulation Race for Bitcoin, according to industry pundits.
Binance told to cease operations in Belgium, with officials citing acts that are liable to constitute a criminal offense – Fortune
Belgian authorities ordered Binance to cease operations in the country, joining a growing roster of European and US regulators to act against the worlds largest crypto exchange.
Binance Prohibited from Operating in Belgium, Effective Immediately – Crypto Briefing
Key Takeaways Belgiums Financial Services and Markets Authority (FSMA) has ordered cryptocurrency exchange Binance to cease all operations in the country immediately. The FSMA asserts that Binance has been providing exchange services between digital and fiat currencies, in addition to custody wallet services, from countries outside the European Economic Area (EEA), violating Belgiums laws: Despite several requests for information made to Binance, the latter has not been able to demonstrate to the requisite legal standard that the legal entities that carry out the services of the above-mentioned type in Belgium are in fact based in the European Economic Area and are authorized, based on their domestic law, to provide such services in Belgium. Binance has been allegedly offering these services in Belgium without legal authorization, which is illegal under Belgiums financial regulations.
Binance faces scrutiny in Brazil, exec summoned to testify before Congress – Cointelegraph
Deputy Alfredo Gaspar, a member of the Brazilian Chamber of Deputies, has requested the summoning of Guilherme Haddad, the director of Binance Brazil, to appear before the Brazilian parliament as part of an ongoing Parliamentary Commission of Inquiry (CPI) investigation into alleged pyramid schemes in the country.
Binance Forced to Stop Providing Crypto Services in Belgium by … – Cryptonews
Source: AdobeStock / prima91 The financial regulator in Belgium, the Financial Services and Markets Authority (FSMA) had forced the cryptocurrency exchange Binance to halt its services in the country alleging that the exchange has violated the law by serving Belgian customers from countries outside the European Economic Area (EEA). The FSMA has noted that Binance is offering and providing exchange services in Belgium between virtual currencies and legal currencies, as well as custody wallet services, from countries that are not members of the European Economic Area. The FSMA has therefore ordered Binance to cease, with immediate effect, offering or providing any and all such services in Belgium, the FSMA said in a statement.